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Covid-19 impact: Paytm Mall plans to partner with over 10,000 small shops
Posted on 27th April 2020
Paytm Mall said on Sunday that it will partner with over 10,000 kirana or local stores, small shops, and businesses for hyperlocal deliveries, joining a growing race amongst e-commerce firms to remain relevant amid the ongoing coronavirus (Covid-19) pandemic.

Its larger rivals- Amazon and Walmart-owned Flipkart - have also announced similar plans. Reliance JioMart's partnership with WhatsApp is also a step in the same direction.

Covid-19: Paytm Payments Bank crosses Rs 1,000 crore in savings deposits
Posted on 21st April 2020
Paytm Payments Bank (PPBL) said it has crossed Rs 1,000 crore in deposits through over 57 million savings account holders.

PPBL has been witnessing an accelerated rise in the deposits, as more people are embracing digital banking during Covid-19.

Paytm looks to focus on merchant base to drive next phase of growth
Posted on 24th February 2020

Paytm is looking at a comprehensive set of offers for its merchant base in order to drive its next phase of growth, according to two top executives.

From Internet-of-Things (IoT)-enabled hardware solutions to its Paytm for Business app, the e-commerce and payments firm is engaging more and more with its merchant base.

Online payment fraud: Man loses Rs 1 lakh during transactions on Paytm, Google Pay
Posted on 4th January 2020

A Thane resident lost a little over Rs 1 lakh in an online fraud involving popular payment gateways, police said on Saturday. The complainant, a resident of Patlipada, wanted to sell his furniture and posted an ad on Facebook on December 21, an official said.

On December 24, he received a call from one Rajendra Sharma who offered to buy the furniture and wanted to transfer the amount through payment gateways — Paytm and Google Pay, he said.

Paytm close to score $2 billion funds from SoftBank, Ant; valuation to soar to $16 billion
Posted on 15th October 2019
Paytm is close to scoring $2 billion of new financing from investors including Jack Ma’s Ant Financial and SoftBank Group Corp., a person familiar with the matter said, describing a mega-deal that will raise the temperature in India’s increasingly heated financial payments arena. Rob Citrone’s Discovery Capital Management is also in discussions to join a funding round that values the country’s top online financial services firm at $16 billion, the person said, asking not to be identified talking about a private deal.

Paytm Payments Bank deposit scheme: Key things to know
Posted on 11th October 2019
Paytm Payments Bank has announced a new fixed deposit scheme for its customers. India's largest payments bank is offering an interest of up to 7.5% on their fixed deposits (FDs) through Paytm Payments Bank's partner bank IndusInd Bank Ltd. The new fixed deposit scheme will be launched in early November.

Paytm Payments Bank user? Your earnings from savings account to fall with revised interest rate
Posted on 10th October 2019
Paytm Payments Bank on Thursday announced reducing their savings account interest rate by 50 basis points to 3.5 per cent from earlier 4 per cent. The new rate will be effective from November 9, 2019. The Reserve Bank of India (RBI) had recently slashed the repo rate by 0.25 basis points to 5.15 per cent from 5.40 per cent earlier that is likely to make home loans and other retail loans cheaper.

Paytm Mall vows big push this festive season for traditional retailers
Posted on 1st October 2019

Paytm Mall said it would generate at least Rs 500 crore in actual sales for its offline brick-and-mortar retailers this festive season. It says so at a time when trader bodies are at loggerheads with Amazon India and Flipkart over the massive discounts during such sale drives.

Paytm Mall is the online shopping platform created by Paytm, the e-commerce payment system and financial technology entity. We have, says the former, been working hard on our omni-channel model.

Paytm Mall maha cashback carnival: Best deals on iPhones, smart TVs, speakers and Laptops
Posted on 26th September 2019
Paytm Mall Maha Cashback Carnival: With Diwali just around the corner, Paytm Mall has announced its festival season sale with great deals on smartphones, laptops, TVs and other accessories. Customers will get benefits of over Rs 100 crores during the festive season on Paytm Mall.

Paytm Mall is launching the Maha Cashback Carnival starting from September 29, 2019 to October 6, 2019. Maha Cashback Carnival is offering customers exclusive deals, discounts and curated offers across categories.

Paytm starts marketing campaign, aims 1.5 bn payments during festival season
Posted on 24th September 2019
New Delhi: Paytm has started a marketing campaign to promote the interoperability feature of its quick response (QR) code scanning application, with the feature aiming 1.5 billion merchant payments on its platform during the festival season, the company said in a release.

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